by Redfin.com | Feb 15, 2023 | alerts, Markets/Economy
Investor home purchases fell a record 46% year over year in the fourth quarter. Investors bought 18% of homes that sold, down from 19% a year earlier. Pandemic boomtowns Las Vegas and Phoenix saw investor purchases fall over 60%—more than all of the other metros...
by Lance Roberts | Feb 14, 2023 | alerts, Markets/Economy, Real Investment Advice
The market correction has started. The question we have repeatedly discussed over the last several weeks is the ongoing battle between bullish technical improvements and bearish fundamentals. On January 27th, we discussed the bullish signals the market was giving...
by John Mauldin | Feb 10, 2023 | alerts, Markets/Economy, Mauldin Economics
Remember National Lampoon’s Vacation? It was a 1983 comedy film in which suburban dad Clark Griswold (Chevy Chase) takes his family on a cross-country road trip to the fabled Walley World amusement park. Clark made one critical mistake, though. He assumed Walley World...
by Lance Roberts | Feb 10, 2023 | alerts, Markets/Economy, Real Investment Advice
Bullish investors continue to “Fight the Fed,” hoping that a change to monetary policy will reignite the 12-year-long bull market. But, for over a decade, the “Don’t Fight The Fed” mantra was the “call to arms” for bullish investors. “With zero interest rate policies...
by CNBC.com | Feb 7, 2023 | alerts, Markets/Economy
Google shares jumped Thursday, a day after the company announced its latest artificial intelligence model called Gemini. Google executives said Gemini outperforms OpenAI’s GPT-3.5, but the company did not share how it compares with OpenAI’s latest model, GPT-4....
by Lance Roberts | Feb 7, 2023 | alerts, Markets/Economy, Real Investment Advice
Last week, we discussed why the more bullish technical formations were at odds with the many recession forecasts. Not surprisingly, that article generated substantial pushback from readers, pointing out various bearish fundamental measures. As I discussed in our...
